2022
Flag  
GDP
$243BCURRENT US$
Rnk 51 / 186
2012-2022
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GDP GROWTH
25.9%CURRENT US$
Rnk 106 / 186
2022
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 GDP
$1.68TCURRENT US$
Rnk 12 / 186
2012-2022
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GDP GROWTH
8.3%CURRENT US$
Rnk 148 / 186
2022
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GDP PC 
$7,126CURRENT US$
Rnk 89 / 186
2012-2022
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GDP PC GROWTH
10%CURRENT US$
Rnk 116 / 186
2022
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GDP PC
$64,491CURRENT US$
Rnk 11 / 186
2012-2022
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GDP PC GROWTH
-5.23%CURRENT US$
Rnk 153 / 186

About

Peru-Australia Trade: In 2022, Peru exported $109M to Australia. The main products that Peru exported to Australia were Fish oil ($28M), Animal Meal and Pellets ($21.3M), and Coffee ($11.6M). Over the past 5 years the exports of Peru to Australia have decreased at an annualized rate of 15.3%, from $250M in 2017 to $109M in 2022.

In 2022, Peru did not export any services to Australia.

Australia-Peru Trade: In 2022, Australia exported $209M to Peru. The main products that Australia exported to Peru were Cyanides ($43.9M), Barley ($34.7M), and Malt ($22.7M). Over the past 5 years the exports of Australia to Peru have increased at an annualized rate of 8.18%,  from $141M in 2017 to $209M in 2022.

In 2009, Australia exported services to Peru worth $68.9M, with Travel ($51.5M), Other business services ($15.8M), and Government services, n.i.e. ($1.58M) being the largest in terms of value.

Comparison: In 2022,  Peru ranked 93 in the Economic Complexity Index (ECI -0.6), and 54 in total exports ($59.4B). That same year, Australia ranked 78 in the Economic Complexity Index (ECI -0.24), and 16 in total exports ($424B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Peru exported $109M to Australia. The main products exported from Peru to Australia were Fish oil ($28M), Animal Meal and Pellets ($21.3M), and Coffee ($11.6M). During the last 5 years the exports of Peru to Australia have decreased at an annualized rate of 15.3%, from $250M in 2017 to $109M in 2022.

In 2017, Australia exported $209M to Peru. The main products exported from Australia to Peru were Cyanides ($43.9M), Barley ($34.7M), and Malt ($22.7M). During the last 5 years the exports of Australia to Peru have increased at an annualized rate of 8.18%, from $141M in 2022 to $209M in 2017.

Exports from Peru (Flag) to Australia (Flag) (2022)

Exports from Australia (Flag) to Peru (Flag) (2022)

Latest Data

Trade between Peru (Flag) and Australia (Flag)

Peru Exports

Australia Exports

Market Competitiveness

Color
Peru
Top Destination
China$17.6B
Australia
Top Destination
China$123B

This map shows whether countries import more from Peru or Australia. Each country is colored based on the difference in imports they receive from Peru and Australia or the difference in the growth in imports.

In 2022, countries that imported more from Peru than Australia included Ecuador ($1.28B), Chile ($1.85B), and Colombia ($1.05B).

In 2022, countries that imported more from Australia than Peru included China ($123B), Japan ($80.1B), and South Korea ($41B).

Difference in imports from Australia (Flag) and Peru (Flag) (2022)

Comparative Advantage Peru - Australia

Flow
Scale

This chart compares trade between Peru and Australia by product, considering products traded by both, Peru and Australia.

During 2022, Peru had a large net trade with Australia in the exports of Foodstuffs ($31.9M), Animal and Vegetable Bi-Products ($28.9M), and Vegetable Products ($26.2M).

During 2017, Australia had a large net trade with Peru in the exports of Chemical Products ($93.3M), Vegetable Products ($58.2M), and Machines ($38.7M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Peru Australia+$6.88MCoffee
Top Product Potential Australia Peru+$1.45MMotor vehicles; parts and accessories (8701 to 8705)

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Peru and Australia. This means that a dot/product with the flag of Peru indicates it has a comparative advantage over Australia. Similarly, a dot/product with the flag of Australia indicates it has a comparative advantage over Peru.

Product Space of Peru (Flag) and Australia (Flag) (2022)

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